Archive for category: Regulations

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When an HOA is created, the assessments are triggered when the first lot or unit is sold. For planning purposes, it’s important to note that the DRE Regulations allow for HOA assessments to be waived for HOA-maintained improvements that are not complete. In a nutshell, Regulation 2792.16c stipulates that any assessments for costs or expenses for common area which has not been completed can be def...

In response to a balcony collapse in Berkley, California in 2015, SB 721 has been passed and signed into law. Effective January 2019, all multi-family buildings containing at least 3 units are required to have any load-bearing balconies and decks inspected by a licensed architect, civil or structural engineer, or building contractor. This inspection must be paid for by the property owners and prov...

The Bills Are Coming
The state has been working on several bills to overcome the housing crisis, and one of the most discussed and disputed is AB 2353 (Frazier). AB 2353 (Frazier) shortens the timeframe for action against a person or business for a construction defect from ten years to five years after substantial completion of the project.
Favoring View
Tightening the window of lega...

Building dream homes in a planned development is a smooth and uninterrupted process for most of our clients. It's a fairly simple process despite a few additional steps involved – we do most of the heavy lifting for you. In the rare problematic cases, issues are usually related to HOA management or the HOA board members.
In some cases, the delays have prolonged more than a year, but with a few...

California passed the famous Proposition 13 more than forty years ago to rein in exorbitant property taxes. From the taxation perspective, the initiative also made it more beneficial for homeowners to stay in their homes.
Now, however, Californians are being requested to vote in favor of a tax measure that can make the tax expense more bearable for the senior citizens of the state who may want ...

The balcony collapse at U. C., Berkeley in 2015, killing six people, was caused by a series of preventable failures. The balcony was poorly designed, badly constructed, and not inspected and maintained effectively.
To target this safety measure gap, the Senate passed Senate Bill 721 (SB721) in January (the bill is currently at the State Assembly as of this writing), which requires properties wi...

Although the State of California Business and Professions Code 11010.4 releases developers from the Public Report requirements if all criteria are met, a Public Report is still considered a necessity by some.
According to the B&P, a public report is not required when:
Purchase money is deposited with escrow and proper releases and obtained;
The development is not a common interest d...

In an effort to accommodate industry, the Department of Real Estate (DRE) created a "Limited Term" Final Public Report option. The Limited Term Final Public Report (LTFPR) is an option available to those builders and developers who are faced with circumstances limiting their ability to comply with all of the requirements necessary to obtain a full term (5 year) Final Public Report. A LTFPR is a ...

Newsletter

Morgan Myers

Morgan joins our team with over 5 years experience in real estate coordination and exterior home remodeling, bringing a keen eye for accuracy to her new role as Budget Assistant. Morgan is currently obtaining her bachelor’s degree in data analytics and describes herself as highly logical, making her the perfect addition to the team.

Victoria Walter

Victoria joined our Team in April, 2018 as Administrative Assistant. She brings over 5 years of administrative experience to the table with expertise in correspondence, data management systems, and executive support. Victoria directly handles financial matters such as client billing and the reception duties in the office. She is the friendly voice that will most likely greet you when you call the CBS office.

Angel Brune

Angel brings several years of Retail and Hospitality Management and a focus on service. He is graduating from Fresno State with a major in Business Administration with an emphasis in Real Estate. He brings a positive attitude, energy and an eye for detail to the CBS team. Angel works closely with our Subdivision Consultants to ensure our projects are on track.

Fun Facts

I love baseball, especially Dodger baseball! My wife and I try to go to at least 4 or 5 games a year.

Cooking at home and trying new recipe is a great hidden aspect about me. I’m always watching the Food Network and trying to get new ideas.

I’m a technology enthusiast. In my free time I listen to podcasts about the newest technology and gadgets of the day. It amazes me all of the innovations that are made on a daily basis! What will they think of next?

Recently obtained my Bachelors in Business Administration from CSU Fresno. I am proud that I was the first person in my family to graduate from college.

Lisa Chang

Subdivision Consultant

Lisa joined the CBS team in 2016. She has eight years of experience in construction project management and administration. She is a proven task master in performing project data research quickly and her filing packages are always complete. Lisa’s diligence contributes to overall success of the Bureau of Real Estate process, making it easier and more efficient for our clients.

Fun Facts

I’m a scaredy cat when it comes to amusement parks and roller coasters because of heights and the speed, but I am open to adventure activities such as parasailing, zip lining, etc. I was able to scratch off parasailing and snorkeling on my bucket list during my Hawaii trip this year and excited to cross off zip lining this year.

Valerie Hinkle

Budget Preparation

Valerie brings over 10 years of construction administration to the CBS team. She is very familiar with construction detailing and costing and is a perfect fit for our Budget preparation department. Her understanding of construction processes and cost requirements lends the ability to review project take-offs and relate them to start up budgeting with the knowledge of a senior budget preparer.

John Ford

With a career in home design, development and construction, John is more than qualified to interpret the plans and specifications for subdivision budgeting and reserve studies. John is a trained professional, who is capable of creating estimates for construction costs, as well as estimating component and materials lifetime.

Elvira Cruz

Elvira brings valuable experience and knowledge after a career in the Escrow and Title Industry. With 15 years in Escrow, she understands the sales process and is more than familiar with the documents involved in transactions. Elvira works well under pressure and in is detail oriented while understanding that timing is essential to our clients. She utilizes these skills and qualities into every project.

Fun Facts

Guilty Pleasure – Gummies…anything gummy. I buy box of fruit snacks and I don’t share with my kids. I know so bad, but they are so good.

Annual tradition – We host Easter at our home every year, it’s a lot of work, but I love. This past year I created a life size board game in my yard, with questions and dice… we had fun. Next year, I’m thinking of maybe putting together a Family Feud game… wish me luck!!

Vice President

BRE Processing / Customer Service

With a military background and experience in law enforcement, Scott is keenly sensitive to compliance with legal requirements. Specializing in the BRE Process and Reserve Studies, Scott has handled full caseloads of projects that range from small parcel maps to large multi-phase condominiums. Scott has completed his MBA, and has been instrumental in moving our services into a new era of service through technology.

Fun Facts

President

Alice has over 35 years of experience in working with subdivisions. Her background includes title, escrow, marketing, Budgets and DRE processing. Alice also provides whatever assistance or training is necessary to insure that all of our clients understand the process and requirements for new home sales and HOA start ups. With her years of experience, she is also capable of providing our clients with feedback on the structure of their development.